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wants to spend additional money on roads and bridges and end a number of corporate tax breaks. we will have live coverage at 11:30 a.m. eastern on c-span. >> c-span 2 provided key coverage and booktv. the only television network devoted to non-fiction books and authors. >> sweeds have been accused of trying to hide the accounts of 22 united states citizens. carl levin is calling on the justice department to hand over the names of those who used the bank at a -- to alem ledgedly avoid paying taxes. >> good morning. the meeting will come to order. the american public is angry about offshore tax abuse and efforts by americans to evade their tax obligations by hiding money offshore. today's hearing follows up on a meeting this subcommittee held in 2008 when we presented evidence that well-known banks were deliberately helping united states clients cheat on their taxes by opening offshore counts never reported to the irs despite united states law requiring their disclosure. the hearing focused in part on ubs, the largest bank in switzerland that had 52, 000 customers and $18 million in
an expansion in the earned income tax credit. the proposal that you heard discussed that was -- we put out some details yesterday on would be the first major expansion of the earned income tax credit for people without dependent children since 1993. it would address so many policy issues that people have raised from house to encourage younger people to encourage work, help people with disabilities get back into the work force, and ensure that more people with the combination of the earned income tax credit, minimum wage don't work full-time and live in poverty or raise any family members in poverty. the president -- this is an important progression. 20 years ago there were 1.4 million americans being pulled out of poverty because of the earned income tax credit or similar refundable tax credits. today it is 10 million. that is one of the major progressive agreements in which the president has furthered both in his 2009 budget and then extending those refundable tax credits in both 2010 and 2012 up for the next five years, and he calls for them to be permanent in his budget. what this would do i
with our u.s. tax laws and when we talk about u.s. customers, 18,900 of those accounts that closed in today there are about 3500 that have been determined are in compliance. are those numbers correct? >> those numbers are correct as of today but i would like to add that in total we have reviewed tax compliance some 6678 of which about half, 3000 have been closed and 3000 the number you have just mentioned are still with us. >> so what is the total number of accounts that we no longer have of the 22,000? >> the 18,000 number you mentioned. and if i may add mr. chairman, we had a large population of u.s. resident clients. i would say 11,000 i believe that had account balances below 1 million dollars under asset management and they were not even given the option to stay because to move to one of our fully u.s. license broker dealers you needed $1 million is the minimum balance. 18,000 of these did not have the opportunity to prove tax compliance. >> mr. cerutti your u.s. policy required that swiss accounts open for u.s. residents be concentrated in a single swiss office we talked about the sla
for spending including new initiatives for early childhood education, job training programs, expanding tax credits, and tax cuts as well. also, new funding for infrastructure. thethese ideas says -- president says is important for getting the economy to move in the right direction. >> it is a roadmap for creating jobs with good wages. at a time where deficit has been cut in half, it allows us to meet our obligations to future generations without leaving them a mountain of debt. >> republicans including john boehner called his budget the most irresponsible yet. they believe this is a campaign move that includes a whole host of issues that democrats like to campaign on on this midterm election year. this budget and the eyes of republicans and some democrats -- they are going to make some big changes. with the president has put the paper will change pretty quickly. >> thank you very much, peter cook. let's move on to media. the big story today was the entertainment network epix is joining the time warner cable family. it will be launched nationally on march 18. joining us to talk about this d
at the president's budget, you see an earned income tax credit. that is being offered by the president as something that should be expanded. if you look at the poverty report monday, he praises the earned income tax credit. republicans have different views. use all marco rubio in the senate talk about killing the program. marco rubio in the senate talking about killing the program. the earned income tax credit, which the president wants to expand, was really a republican proposal a few decades ago. republicans like having people work and having people reported for work. this could be an area where there are twin carried -- tinkering. expand the like to tax reduction for families who have children. republicans have been focusing on this for the past year. mike lee, one of the most conservative members has been talking about using the tax credit as the core of what republicans have. see at least two areas there could be talks. credits, we are seeing political messaging more than anything else. host: what are the expectations for how the budget process is going to work on capitol hill? will the senate
: but will a plan that involves more government spending and taxing really get anything done? >>> also will criminals feast on atms come aprilth? find out why your identity may not be safe next time you make a cash withdrawal. we're watching out for you on "the willis report." gerri: our top story, new momentum to put a kill switch on all cell phones. it's a way to permanently that is disable them so they are useless to thieves. congress now taking up the issue. smartphone theft counts for a third of all robberies in the u.s. according to the fcc take a look at these surveillance tapes. phones snatched, people assaulted, beaten for their phones. some victims, even killed, with me now, paul whose daughter meagan was shot and killed for the iphone. with us meagan's sister. they are behind this new effort to make sure no family goes through what they went through. welcome to you both. great to have you here. you're on set with me. i want you to tell me what happened to your sister. >> well, my sister was walking to her car and at the time she was in st. louis. my family lives in chicago.
tax revenues from aliens hidden overseas. i don't buy their narrative. the american people shouldn't darsha the department of justice mr. cole. i ask you to keep in mind in use already available legal tools at your disposal rather than relying upon the treaty process. so i guess my first question mr. cole is niche or even if the senate ratifies the 2009 protocol to amend the convention between our two countries for the avoidance of double taxation the justice department will be no closer to obtaining information from noncompliant bank accounts close prior to 2009? >> senator that's true. the 2009 treaty only applies to matters and situations after the september 2009 time that it was put into place. >> so basically never certainly in the way we are urging information about noncompliant tank accounts that were close prior to 2009. >> i don't think that's necessarily the case. >> how do you do that then? >> the program we have is going to require that hanks even prior to 2009 go back into 2008 and provide us with the information about accounts that will enable us to make much more eff
to cut taxes to workers who don't have children. >> let's make this a year of action. >> reporter: following his state of the union, president obama is taking action with his 2015 budget, the people who would benefit low wage workers. for years it has only been workers with children who benefited from the earned income tax credit. under the president's proposal that tax break would expand to those without children. he wants to double a childless worker's tax credit to about $1,000 a year, to offset the cost of the new tax break, the president is proposing an end to an old tax break to the wealthy. that move is projected to garner some $60 billion over ten years. the president is also proposing full-time workers with kids get a bigger tax credit to cover child care costs. he wants to make preschool available for all four year olds. and the tax credit for college tuition, he wants to make that permanent. and proposing funding to upgrade aging highway systems across the country. the plan is expected to help 13.5 million americans. erika pitzi, al jazeera. >>> comes up on al jazeera a
we'll dig into the president's budget. he's proposing new tax cuts to help with child care costs and support low-income workers. we'll talk to the top house democrat on the budget, congressman chris van hollen, right after the break. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner, brighter future. at boeing, that's what building something better is all about. ♪ at boeing, that's what building somthoughtful combinations,ut. artfully prepared. fancy feast elegant medleys. inspired dishes like primavera, florentine and tuscany. fancy feast. a medley of love, served daily. yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. silence. are you in good hands? bulldog: bulldog: [yawn] i just had a dream i was at mattress discounters with tempur-pedic and the largest selection of memory foam mattresses under one roof! icomfort, by serta... optimum, by posturepedic... ahh! comforpedic,
argued that the task code -- tax code is riddled with complicate loopholes that make it harder to invest here and encourage companies to keep profits abroad. last summer i offered a proposed -- proposal to couple business tax reform with critical investments in infrastructure. this budget includes that proposal using the transition revenue that will result from a shift to a simpler, more efficient tax code to create rebounding -- jobs rebounding, our roads and bridges and unclogging our communities. because in today's global conomy, first class jobs dwravetate to first class infrastructure -- gravitate to first class infrastructure and at times this budget lays out how mied a strailings will continue to act it cut red tape and stream line the permitting process for key projects so we can get more construction workers on the jobs as fast as possible. also have the chance right now to beat other countries in the race for the next wave of high-tech manufacturing jobs. my administration has already launched four hubs of high-tech manufacturing where we connect to businesses to research unive
and railroads and mass transit. it provides more money for job training and preschool and it expands tax credits for an estimated 13.5 million low-income workers and it increases taxes more than $650 billion on higher-income americans and it adds $56 billion in fees for big banks. there are also tax increases for tobacco products and airline passengers. the president's plan in print form arrived up on capitol hill this morning -- this morning. congress prefers to do the budgeting itself, so it's not like whatever the president sent would be accepted but it can be seen as a starting point in the debate over the nation's spending priorities, yet rather than a lot of new ideas in these budget books, critics suggest it's more of the same. the republicans say the president's 2015 budget spends, borrows, and taxes too much, neil? >> michael, thank you. it is ironic right now that all of this is going down on fat tuesday, good reason to party in new orleans, maybe, but minnesota republican congresswoman michele bachmann says no reason to celebrate in washington, so congressman, the bottom line is the p
with the original bond covenants. what we have in hand on the nonhousing side, in particular tax exempt born proceeds which have their own other set of restrictions and limitations, they need to pass the public use and private activity test. they're best suited for what i call bricks and mortar hard construction uses. so, we would need to spend those consistent with those restrictionses. you may recall on rops 13 14 b, we have two excess bond proceeds lines. we have 785,000 for the bayview opera house plaza construction work with mta and 450,000 with the mayor's office of housing and community development for their model block streetscape improvement program in bayview hunters point. and we expect that those contracts will then come before you this spring. so, we put them on the rops for the overall spending authority but then there is a process to actually enter into agreement and come before you to fulfill that agreement. so, we have about 1.1 million remaining in nonhousing tax exempt bond proceeds that we are proposing to put on [speaker not understood] to get that expenditure authority.
's about our values. as a country we've got to make a decision if we're going to protect tax break for the wealthiest americans or or make smart investments to create jobs and expand opportunity for every american. >> among the proposal an end to the carried interest loophole which allows hedge fund managers to be taxed at a very low rate, spending $302 billion to repair the nation's roads and bridges, and closing the $4 billion worth of fossil fuel loopholes every year. the proposal includes an idea with historically bipartisan support. it's little known but highly effective tax rebate for the poor, earned income tax credit. yesterday in a 200-plus page report in the failures on poverty, budget chair paul ryan wrote, research finds that the best anti-poverty programs encourage work, programs like the earned income tax credit increase labor force participation. the president likes the earned income tax credit and paul ryan likes the earned income tax credit. so how did mr. ryan respond to the president's overture one day later? quote, this budget isn't a serious document, he said i
kind of world war ii camp. allen with al jazeera, north idaho. >>> a tax break for more than 13 million americans, president obama set to unveil the new budget this morning and tell you who will benefit the most if that proposal makes it through congress. plus you might call it thc-tv, marijuana commercials could be coming to a television society near you and life gave them lemons and they made lemonade and going to school. >>> if you think durant is the mbp lebron says not so fast and we will talk about the record in south beach. ♪ welcome back to al jazeera america, i'm stephanie sy, israel's prime minister is pushing back against u.s. diplomacy in the middle east and met with president obama on monday and discussed a framework for reaching a pack with the palestinian and netanyahu had frustration for, syria and iran and to have compromise israel must be secure and netanyahu will deliver the keynote speech to the american, israel publish affairs and apac is the largest and pro-israel lobbying group in the u.s. and as you can see libby casey is joining us from washington and good mor
for the tax rates to pay for that. most definitely. caller: our roads are awful. we have a lot of state roads. repair work would really help. where else do you see jobs available besides infrastructure spending? where else do you think the government can help create jobs? caller: i think in the technology,system, private sector. help bringons would about income to a level of being able to take care of your family, cover your living expenses. if that was not for unions, we would not be able to watch you on television right now. so they can rip off citizens and keep low wages and make big profits. thank you. calling in from philadelphia, pennsylvania. fish and sam says the president's budget should be how not to spend others money. also, dean writes in, too bad the gop will kill his budget. are they totally heartless? commentspage, several on that. allen writes in on her thoughts on the president's budget plan. she says stop messing around with other people's lives. we will continue to bring you comments. we want to hear you on the phone. the phone lines are open. ruben in philly on the line fo
introduced budget and how it could affect your taxes. >>> there are gray skies around the bay area this noontime, but no rain. that may change tomorrow. rosemary is tracking what's heading our way. and she'll be here with the bay area forecast. >>> and despite recent rain, it may be too little too late in alameda county. the proposed water restrictions now under consideration. covered california is howt californians can take advantage of the affordable care act. we can help you get quality health insurance right now. to sign up, call 800-787-9159 or go to coveredca.com. you can also use our website to find local, in-person help. one of the biggest questions we get here is, "does covered california offer financial assistance?" yes. covered california is the only place that gives you financial help with your coverage. millions of californians will qualify. find out if you do. all plans include free preventive care. now, you might have a question about what that means. it means free mammograms, immunizations, cancer screenings, and more. it's a big list, and it's all free. so don't wa
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >> our mayor is a great guy, he's an excellent mayor. this is eric garcetti meeting some supporters. and there is you. [laughter] >> eric garcetti holding someone's baby, there is rob for the holding someone's baby. neil: not only is the toronto mayor popular there, but here as well. he's popular in toronto. his poll numbers are looking better. maybe because traumas economy is looking better. maybe thanks to the crazy mayor that cut taxes and rules and regulations. they are standing by loyal to achieve. a lesson for our president. it is time for no pain and no gain. got a message that is resonating with our big i? >> it's not resonating. it's one thing to give flowery speeches. at some point you must deliver. let's be honest. even people that are wholeheartedly behind obama -- [laughter] th
, totaling almost $4 trillion. it includes new tax hikes to offset additional spending for education and job-training. but republicans say it does nothing to address the nation's fiscal challenges. we'll discuss its approach to helping low income americans, later in the program. israeli prime minister benjamin netanyahu is warning the u.s. and the world against letting iran go ahead with any part of its nuclear program: he spoke in washington, a day after meeting with president obama. >> the leading powers of the world are talking about leaving iran with the capability to enrich uranium. i hope they don't do that because that would be a grave error. it would leave iran as a threshold nuclear power. >> woodruff: netanyahu also said that far from easing sanctions on iran, the world should increase them. he also urged the palestinians to recognize israel as a jewish state, if they really want peace. the process of removing syria's chemical weapons is picking up pace. the dutch diplomat overseeing the operation said today the assad regime has handed over six shipments of toxic agents. she spoke
the villages myself and collect the taxes. - hey, did you hear the news? - huh? the king is dead, and all the nobles as well. what's more, pa ubu has seized the throne. and it seems they're going to raise all the taxes and that pa ubu is gonna make the rounds to collect them. great god. what will become of us? look. sounds like someone is knocking at the door. open up, pshit, in the names of saint john, saint peter and saint nicholas. by my hussar and my caisson, i have come to collect the taxes. [music] which one of you is the oldest? - i am. - what's your name? stanislas leczinkski. well then, horn strumper, listen carefully or these gentlemen will extrude your neroe. hey, listen will you? but your excellency hasn't said anything yet. i've been standing here for an hour. do you think i came here just to amuse myself with the echo of my own voice? no thought could be further from my mind, sire. well, then, i have come to tell you, order you, and inform you that you are to produce and display your ready cash immediately, or you'll all be massacred. come on in. phynancial gentlemen. santa
pushing for one of the steepest sales taxes in the bay area. >> please don't tell me they're going to raise it again. >> the tradeoff that supporters say would be worth the sacrifice. >> he says he spotted a burglar in his backyard. >> i wasn't thinking straight. >> how a risky confrontation came to a dramatic end. >> after the break, mourning a classmate killed by a train. the fateful decision that cost a young girl her life. >>> critics call uber the wild west. some cities are looking to crackdown on how many vehicles are providing services through ridesharing apps. seattle is working to cap the number of uber, and lift cars on the road at any given time. amber lee is in san francisco, where one city leader says regulation might be enough to improve public safety here. >> reporter: holding a public hearing here at city hall thursday. he wants to discuss ways to regulate this industry. >> on a cold, wet night like this. people are anxious to get home. a quick tap on an app, such as uber, or lift can get you a ride. >> it tells me that there's an increase, due to prime time, and i
taxes for low income families, and increase spending on bridges, roads, and job training. expected toare block the president's budget and offer one of their own. secretary of state john kerry has landed in kia for talks about the future of ukraine. itsce on reducing dependence on russian natural gas, we ask mike to hear from both senator kerry and president obama. putinheard from vladimir for the first time since the outbreak of the prices -- crisis. ryan joins us now from kiev. how did you interpret vladimir putin's remarks? >> the main thing about 's presst putin conferences that we got a sense of what he is thinking. ultimately copy is the only person who knows where this conflict is going to go. for the take away was time being he has no intention to escalate things. he said several things during that press conference, one, he said that he saw no need to send troops into ukraine yet. that was a bit cryptic, because ukraine says there are already 16,000 russian troops in crimea. what he needs, i think, is beyond crimea. into eastern ukraine. he also said that russia has no intention o
as well as tax increase, republicans wanting lower taxes and less of that spending. they will fight it out in the midterm elections and then we may return to budget talks and some sort of accommodation in 2015. >> john, how real is the return of the conversation about tax and interest? i say it in part because it's in some of these bills, but also because the front page of the "wall street journal," see this right here, blowout call for big tycoons that talked about the payout for people like leon black, $560 million with his income, 465 for steven schwartzman and others. i do know it's been put back in some of the bills, but this has been a policy debate we've been talking about for about five years now. >> there's a lot of momentum behind this issue. i would not expect it to pass this year. one of the things that adds to its momentum in terms of the long-term, which we really get to a tax reform discussion which is not going to be this year, is that dave camp, the republican chairman of the ways and means committee, included this interest in his tax reform bill. the administration will h
: the obama administration is rolling out its 2015 budget and singing the familiar tune. can use a tax hikes? cheryl: oil prices reversing course, down 4% after closing at the highest level in five months yesterday. commodity analyst matt smith and phil flynn saying get used to this volatility. the energy burrito and the mighty fallen coming up next. when does your work en does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or wn your compan's bought another? is it over after you' given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. cheryl: reversal of fortune in the energy it,
ew jobs, new opportunities and a new tax free plan. ew jobthere's on one way for your business to go. up. find out if your business can qualify at start-upny.com >> welcome, everyone, i am neil cavuto. forget about punishing vladimir putin. let him punish himself or the latest ukraine leader seems to be his own undoing. let's see if you can climb out of this hole. here's what happened today. russia turned bearish on its health. that ould be like the dw jones crashing 1600 points in a single day. and the russian ruble crash against the dollar today. without the united states or europe or anyone doing anything. maybe let vladimir putin die on his own vine. maybe him fall on his own sword because the world clearly is not buying his bullying for now and here is the kicker. his own russian market..@ may because it has no plans to attack you create military units today. >> this is a very fluid situation and it's very difficult to go after specific things that can be done. you have to be more of a broad situation and you stand back and let it happen and let it develop and see if it im
more taxes. good morning, i'm dan ponce. and i'm cortney hall in for erin. let's go to demetrius ivory for a check of the weather. hi, demetrius. it's still cold. anything different? >> we have one day with a four in front of it. >> we do like that. >> let's check it out. yesterday we were 19 degrees. each day we should make the lower forties with lows in the mid-20s. this has been an epic winter in terms of how cold. and it's not over. north side learning center we are at 13. union reading at only eight. no wind chill. the wind chill is down to two. radar shows light snow across the board of northern region as remove in you can see that snow up to waukegan. as to get tort winnebago county we have snow continued. most of that snow is north of 90. today 23 degrees by 5:00 p.m.. it's an improvement. wednesday we make 27 another accumulating snow coming tonight. i will tell you how much coming up. >> one hot spot this morning and outbound kennedy at foster. to left lanes are blocked with a crash. expected delays on the outbound side of the kennedy. otherwise the rest of the roads are look
, that is senator bob mennendez. a possible tax break for 13 million americans. president obama unveiling his new budget. we will tell you if it gets an icy chill on capitol hill when that proposal makes it through congress. >> when i first started the learn with ms. sally, it was hard. it was hard. but i -- this is what i wanted to do. >> fighting illiteracy in adults. one man's journey just to learn how to read. al jazeera america gives you the total news experience anytime, anywhere. more on every screen. digital, mobile, social. visit aljazeera.com. follow @ajam on twitter. and like aljazeera america on facebook for more stories, more access, more conversations. so you don't just stay on top of the news, go deeper and get more perspectives on every issue. al jazeera america. >>> any minute now, israel's prime minister is set to address a key group of lobbyists. this is senator bob mennendez addressing the crowd. benjamin netanyahu will deliver his speech to the american/israel public affairs committee, one day after a closed door meeting with the president. they discussed reaching an agreemen
businesses they're paying savings and a property tax and payroll tax and normally adhere san franciscans so their bowing goods and services in san francisco it really helps the economy of san francisco grow so its not only a benefit to the project but to the city. the contractors center is 5 thomas melon circle in the bayview area open 8:30 to 5 welcom ?oo hi, i'm holly lee. i love cooking and you are watching quick bites. san francisco is a foodie town. we san franciscoans love our food and desserts are no exceptions. there are places that specialize in any and every dessert your heart desires, from hand made ice cream to organic cakes, artisan chocolate and cupcakes galore, the options are endless. anyone out there with a sweet tooth? then i have a great stop for you. i've been searching high and low for some great cookies and the buzz around town that anthony's are those cookies. with rave reviews like this i have to experience these cookies for myself and see what the fuss was all about. so let's see. while attending san francisco state university as an accountinging major, anthon
of the the initiatives would be paid for by the wealthy and taxes. >> it is values, and we have to decide to protect the tax breaks for the americans, or make smart investments to create jobs and grow the economy. >> reporter: and critics of the president's budget is john boehner calling it perhaps the most irresponsible budget yet. after the remarks, president obama went to visit a kindergarten can class in washington, d.c. >>> and there is something to look forward to, folks, despite the awful weather to endure. to night the national park service promises that it is not going to be long now before the cherry blossoms are in bloom. before they are blossoming if you will. and right now the tidal basin is covered in snow and ice and not too many people are walking around down there, but kristin wright is because she is one tough mama, and she is going to tell us when it is going to change. >> hey, thank you, vance. yes, that is right. and tonight, snow as far as the eye can see. but, the announcement today by the park service kind of reminds you of groundhog day, and their prediction, five more weeks
. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here.xpand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. lou: a powerful winter storm, shutting down washington dc along the eastern seaboard. the snowplows are doing their jobs. nevada had to be a thrill and according to one data company, but daiquiri number almost $6 billion because of the added expense and missed work days. joining us now is the "a-team." fred barnes, both a fox news contributor and lt's
budget. he's trying again today. we'll take a look to see who would be paying more in taxes if he gets his way this time. >>> renowned bond fund pimco has been in the headlines lately with its headline grabbing management changes. we're going to talk with its new deputy chief investment officer about what is ahead for pimco and what was her reaction to that "wall street journal" article saying that bill gross made pimco a tough place to work for. we'll find out coming up. >>> and he's just days removed from serving as the ambassador to russia. michael mcfaul has gone eye all to eyeball with vlad peimir put. did putin just blink or did he wink? (music) defiance is in our bones. defiance never grows old. citracal maximum. calcium citrate plus d. highly soluble, easily absorbed. [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldn't fly. we helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today..
with reality. >> making smart spending cuts and closing tax loopholes that right now only benefit the well off and well connected. >> it is primary day in texas. >> in the last gubernatorial election, the latino turnout was make or break issue. >> the voices in south texas will be the voices if they engage. >> are you homephobic? >> i'm not homephobic, are you? >> if you had more gay friends you would not wear that tie? >>> we begin today with breaking news. today the tug of war over ukraine is intensifying with russia's president defending his intervention and u.s. upping the ante. here's president obama over an hour ago. take a listen. >> although russia has legitimate interests in what happens in neighboring state, that does not give it the right to use force as a means of exerting influence inside that state. >> doesn't have the right to use force and then we turn from d.c. to kiev where secretary of state john kerry made a symbolic stop in independence square where that revolution began and visited a shrine to the fallen and after that he blasted russia. >> it is diplomacy and respect for
prekindergarten education. it increases tax credits for the working poor and supports early childhood programs like head start to help offset those costs, the budget would end some tax breaks for the wealthy and raise taxes on tobacco. ending tax breaks for the wealthy. guess what the republicans think? speaker boehner said, quote, the president has offered perhaps his most irresponsible budget yet. and the gop's go-to budget guy, paul ryan? he called it, quote, yet another disappointment. you know what is actually a disappointment? congressman ryan's new report on poverty, which is nothing more than a justification to cut programs that helped the poor. >> we spent about $800 billion on nearly 100 programs for the poor on welfare programs. and it's getting worse. more people in poverty. the poverty rates at a generation high. and with these new programs has put in place like obamacare, what we're learning is more people will stay in the poverty trap. >> these programs don't put people in a trap. they help lift them up. but it's no surprise congressman ryan doesn't have his facts straight. some
for by making smart spending cuts and closing tax loopholes that right now only benefit the well-off and well-connected. i will give you an example. the tax system provides benefits to wealthy individuals who save, even after they have amassed multimillion dollar retirement accounts. by closing that loophole, we can help create jobs and grow the economy, and expand opportunity without adding a dime to the deficit. we know the country that wins the race for new technology will win the race for new jobs, so this creates 45 high-tech minute extra pounds where businesses and universities will partner to turn groundbreaking research into new industries and new jobs made in america. we know, and this is part of the reason we are here today, that education has to start at the earliest possible ages. it's budget expands access to the kind of high quality learning and other programs to give all our children the same opportunities the most wonderful children we just saw are getting right here at powell. all of that while not today's new jobs are going to require a four-year college degree, more and mor
. extend tax breaks for the poor and help students with loans and raise the minimum wage to 10 person $10 an hour. thanks for joining us. -- $10.10 an hour. >> thanks, melissa. melissa: what do you like about what you heard? >> most republicans and democrats agree the earned income tax credit actually works. i think that is positive. some of the ideas on infrastructure were way behind. we're hopelessly behind on infrastructure spending in this country. we'll have to do something there to make us more competitive globally and moving goods and services about the country. i think that is another plus. you also additional resources in there for nih and for disease research and prevention. i think those are all positives. melissa: it is hard to talk about infrastructure in a positive light though because we see crumbling roadways everywhere but we always have. we had the shovel-ready jobs supposedly ready to go and we don't see it changed. when you talk about spending evening more on it, how do we know this time it will go to the right place? >> you have to recognize that the some of the thing
for expansion of tax credits for the middle class and working poor which the white house says is part of his state of the union pledge to boost economic opportunity for all americans. michelle joins us now from the white house. michelle, how do you think this plays out politically considering how gridlocked things are in washington right now? >> reporter: does this have a chance of passing, you're asking? in a word, and you may already know the answer, no. in presenting this budget proposal, president barack obama wants to address the most difficult issues americans face making living and paying for cost of living. working poor, working minimum wage and working full time. they don't have the tax credits workers with children do. obama wants to expand to workers without children, younger workers. this budget contains $60,000 billion worth. obama wants to help obama pay for child care, tax credits for people with young children, pay for education and save for retireme retirement. republicans have problems with it in specifics like closing tax loop hohole loopholes. some say this does nothing t
're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com neil: enter steve blackwood he has seen first hand how ts health care law has become for his mom, who is battling cancer, and lost coverage due to opponent care. as of this morning something mirr act housely changed? >> well, as of this morning, i received a telephone call saying they they were going to cover her for the next year, we have not received tha in writing yet, if i say is drawing a larger problem it takes a op-ed, on a natiol newspaper, phone calls, just to get one drug covered for one year, how do we know that system is going to work well for those who d't get that kind of attention. neil: w many others who didn't have the access you did, and push you did, to get your grief published and seen on tv, how many are f
pay for some of his suggestions it would include a buffett tax, named for warren buffett, to go after high income americans and boost taxes on airline passengers and tobacco products. the president made the pitch for his blueprint at a washington, d.c. elementary school. >> as a country. we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> republicans quickly pounced, saying the president's budget would increase spending by $791 billion over ten years. it never balanced and would add $8.3 trillion to our debt in the neck decade, and they said after mr. obama has raised taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it
a decision if we're going to protect tax breaks for the wealthiest americans or if we're going to make smart investments necessary to create jobs and grow our economy and expand opportunities for every american. at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole which allows hedge fund managers to count their investments as income instead of capital gains. many think it faces a long road because of republicans in the house. to walk us through the budget battle, jimmy williams, an opinion writer for u.s. news.com and an msnbc contributor. how are you? >> how are you, hello. >> i want to start with one of the more important things which is that child care tax cr
, and expansion of the income tax credit for low income workers with no kids. >> it is a roadmap for creating jobs with good wages. >> the president has opted for the political stunt for a budget about firing up the base rather than solve the long-term challenges. >> the budget calls for raising about $650 billion in revenue by limiting tax deductions for the wealthiest americans. of a had 16 days government shutdown. in her porch sheds light on what that cost. one federal agency. ds light on what it cost the national parks. $14 million in lost visitor bending. >> it will soon be cherry blossom season. the national park service announced peak bloom will be between april 8 and 12. the festival kicks of earlier on march 20. this year marks the second anniversary of the gift of trees from japan, a symbol of friendship with the u.s.. >> we are happy to see those blossoms. it gives you hope. >> it will not be warm tonight. the little progress by the weekend. maybe in the 50's. >> progress to normalcy. >> we will start up with oakdale. everything is snow came up. -- the sun came up. the breeze dried it
with the same old stale ideas of raising spending and taxes and nothing new in there. and i am disappointed he put 58 billion worth of new spending sense he signed a bill with a budget agreement two months ago. >> the white house said 13 million americans are getting a tax break, are they? >> the best way to make sure everyone is are treated fairly is to reform. it we put out to reform corporate and individual side. and millions of jobs would be created. i wish the president would come down and listen and have a dialogue. >> he is calling for more spending. >> what is the chance that more spending passes this congress? >> i don't think he has much of a chance here in the house. i can't speak for the senate. but more spending is not the issue here. it is odd it came out on the same day we reached the $17.4 trillion debt. the debt clock is ticking and until we get serious about growing your economy and creating more jobs, obviously it is not the congress that creates jobs. but the american people are the job creators and we have a number of bills laying on the desk in the senate waiting for thos
direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com the next time you nt a dvd, don't bother rewinding it. the way i see it, it's t next guy's problem. oh, larry. she thinks i'm crazy. mm-hmm. but would a crazy person save 15% on car insurance in just minutes? [ chuckles ] [ malennouncer ] 15 minutes for a quote is crazy. with esurance, 7½ minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. >>> they have requested now a one-week delay for her, so the suspense continues on that front. this is a woman whose organization was targeted by the irs testifying before congress at a hearing last week. jenny beth martin says it took three years, two months, ten days and tens of thousands of dollars for her o
no more special tax breaks to private equity. ♪ >> at a time when president obama is trying to show the world he has what it takes to also up to russia, he released his budget. as billion for the military he cuts forces, retires weapons and slows the growth of military spending. i asked the senator john mccain what he thinks of the budget. these cuts in defense spending are based and has been made known by the administration there will be no more land wars. weyou know how many times have said that in the 20th century after world war i, world , andi, korean war, vietnam we always had to rebuild the military, because it is not always a conflict of our choosing. >> do you see this as a central problem with the president's budget? issue with america's role in the world. he does not believe in american exceptionalism or leadership. that is why our influence is , especiallyhe world in the middle east where the united states influence and power is no longer a factor. much a consensus builder. we did not have it with the u.k. for syria. do you think things are changing at all or still in th
. >> they wanted me to move out in 3 months. you have a to release that taxed will be involved after taxed and moving expenses and, you know, coming up with knows taking out a deposit rent deposit and everything else pretty much a lot of folks don't figure that in but in this city you wouldn't last long. >> one last question. >> why do you think the small property owners have to subsidies them in 18970 rent we're paying when we have to pay (inaudible) to keep our buildings maiden you're the cause of this you and all your lufrz are the cause of those there are 15 empty properties within a block of my house and you fellows are all the cause. >> i think the question has to do with rent control but this bill differentiates between small property owners and deep pocketed aspect larts we want to protect you're right to use the ellis act as written but not abuseed. >> i'm not talking about - >> i'm clarifying what we're doing (clapping.) . if there was a question i'll take that i know we have a united voice and not only getting this to the governors desk but make sure he signs it as well >>
, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com is is mike. his long race day starts with back pain... ...and a choice. take 4 advil in a day which is 2 aleve... ...for all day relief. "start your engines" out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. a lot of things going on in my life and the last thing i want to be thinking about is my dentures. [ charlie ] try zinc free super poligrip. to truck guys, the truck is everything. and when you put them in charge of making an
money only the san franciscans can generate a tax. so we identified was it would cost us to develop and run an 18 month pilot about some thousands of dollars and we expect the dollar per day finger >> (inaudible). >> no. >> and (inaudible). >> we don't have - >> (inaudible). >> if you want to use our bus stops you have to be part of the permit program and once that's in place you have to be permitted to be part of the program. >> (inaudible). >> how much money are are we talking about and again, it's not going into the general fund to pay for administrator and $1.15 million to be the one hundred thousand figure is the afternoon for companies some are larger and small but the one-hundred 5 million will pay for the costs of a.d. administering the program. >> so did you commuter buses on - >> so the buzz the question is what's the impact been on muni services. their large vehicles and those who have ripened muni experience this we hear it from our operators sometimes those buses are delaying muni for getting to a stop to unload passengers so they dwell longer at the stops but
that is favored by republicans. president obama wants to expand the earned income tax credit for another 13 million americans. that program gives tax breaks to the working poor. the president would pay its $60 billion costs by closing loopholes for wealthier taxpayers, $300 billion for highways bridges and transit. the budget is nearly $4 trillion. that's slightly higher than the current budget. >>> the president is trying to put the middle east peace process back on track this morning, meeting with prime minister benjamin netanyahu monday. they discussed syria, iran and stalled negotiations with the palestinians. pressing netanyahu to meet a compromise. netanyahu says israel is doing its part. >> the best way is to do this is be strong. that's what the people of israel expect of me to stand strong against russia, to stand strong. >>> this morning the fight against cell phone theft is gaining some momentum. new york congressman's bill comes after a similar push in the senate. elaine quijano looks at the controversy that's also getting support from the police commiss
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